itselectric’s Post

When it comes to EVs and commercial properties, the future is here. To learn how savvy commercial property owners can benefit from positioning their properties to meet the growing demand for EV charging infrastructure and stand out from the rest of the pack, check out this client alert that I co-authored with Jonathan Grosser.

In the race towards a sustainable future, the recent influx of federal grants for electric vehicle (EV) charging infrastructure is lighting the path for commercial real estate to emerge as a key player. With over $750 million allocated by the Biden-Harris Administration, these grants mark a pivotal moment in reshaping the landscape of EV adoption nationwide. But what does this mean for commercial property owners? It's not just about embracing sustainability; it's about unlocking a world of opportunity. With EV charging stations becoming the new norm, properties equipped with this amenity stand to attract a wave of tenants and customers seeking convenience and eco-conscious solutions. If done correctly, this increasingly important, value-added amenity can differentiate one commercial property from another, yielding the many benefits described in our Real Estate Client Alert: https://bit.ly/4cWNdIt. Contact Jon Grosser at jgrosser@rccblaw.com or Ian Livaich at ilivaich@rccblaw.com for more information. #commercialrealestate #electronicvehicle #evchargingstations

🚀 Big news for EV enthusiasts in New York! 🚗💨 The state's Public Service Commission just gave the green light to a game-changing electric vehicle infrastructure expansion plan. 💡🔌 With investments soaring from $701 million to $1.24 billion and $372 million earmarked for underserved communities, the future of EV charging looks brighter than ever in the Empire State! 🌟⚡ #EVRevolution #CleanEnergyFuture 🏙️🔋 Particularly exciting for NYC, where Con Edison is set to receive a whopping $347 million for fast-charging projects, up from just $42 million in the past. 🌆 Plus, the commission is incentivizing larger charging projects, like Revel's mega-hubs, to accommodate the growing demand. 🔄🔌 #NYCElectric #ChargingForward 👏🏽 But it's not just about funding—new directives are also tackling utility demand charges, making it easier for operators to manage fast-charging stations, especially during peak times. ⏰💰 Con Edison's commercial managed charging program, for example, offers incentives based on the station's maximum load ratio, providing relief for operators during peak times. 💼💡 #SmartCharging #EnergyInnovation 🔜 And with NYC's ambitious plans to electrify its transportation sector, including lifting the cap on new for-hire vehicle licenses for EVs, the need for more fast-charging stations is greater than ever. ⚡🚕 In fact, the recent surge in applications after the cap was lifted signals a high demand for EV adoption in the city. 📈💚 #ElectricCity #GreenFuture 🌐 Stay tuned as New York City gears up for an electrifying transformation! ⚡🍏 More fast-charging stations mean faster, easier, and more accessible charging for everyone, driving us closer to a sustainable, emissions-free future. 🌱🔌 #NYCEV #SustainableFuture

This week, Emmanuelle Toussaint, Adm. A, LL.B, VP Commercial at Cleo, was on a panel at EV Charging Infrastructure USA 2024 moderated by Bonnie Datta 🇺🇦 from Zemetric. Alongside Adam Wilkinson (Irdeto), Tom Lawton (TESCO), and Dan Wilson (Inspiration Mobility), she discussed the role of policies and regulations in EV charging infrastructure roll-out. 📋🔋 It's always great to meet with industry actors and exchange notes on how to further green initiatives! 🌱 #EVCharging #evcharginginfrastructure #decarbonation #greeneconomy #electrification

Electric vehicles are the future, but not everyone has access to charging stations! ⚡️🚗 This article discusses how cities can ensure equitable deployment of EV chargers. Here are some key takeaways💡: 1️⃣ Update zoning codes to make it easier to build charging stations and collaborate with communities to identify charging needs. 2️⃣ Leverage public property for charger installation. 3️⃣ Educate the public about EVs and charging options. 4️⃣ Make charging information easily accessible. Let's work together to make EVs accessible to all!🤝 #sustainability #EV #cities #publicsector https://lnkd.in/ejjShyHX

Electric vehicles are the future, but not everyone has access to charging stations! ⚡️🚗 This article discusses how cities can ensure equitable deployment of EV chargers. Here are some key takeaways💡: 1️⃣ Update zoning codes to make it easier to build charging stations and collaborate with communities to identify charging needs. 2️⃣ Leverage public property for charger installation. 3️⃣ Educate the public about EVs and charging options. 4️⃣ Make charging information easily accessible. Let's work together to make EVs accessible to all!🤝 #sustainability #EV #cities #publicsector https://lnkd.in/eJRNE_Gz

Electric vehicles are the future, but not everyone has access to charging stations! ⚡️🚗 This article discusses how cities can ensure equitable deployment of EV chargers. Here are some key takeaways💡: 1️⃣ Update zoning codes to make it easier to build charging stations and collaborate with communities to identify charging needs. 2️⃣ Leverage public property for charger installation. 3️⃣ Educate the public about EVs and charging options. 4️⃣ Make charging information easily accessible. Let's work together to make EVs accessible to all!🤝 #sustainability #EV #cities #publicsector https://lnkd.in/datgf5s7

Electric vehicles are the future, but not everyone has access to charging stations! ⚡️🚗 This article discusses how cities can ensure equitable deployment of EV chargers. Here are some key takeaways💡: 1️⃣ Update zoning codes to make it easier to build charging stations and collaborate with communities to identify charging needs. 2️⃣ Leverage public property for charger installation. 3️⃣ Educate the public about EVs and charging options. 4️⃣ Make charging information easily accessible. Let's work together to make EVs accessible to all!🤝 #sustainability #EV #cities #publicsector https://lnkd.in/gFbun6tX

Electric vehicles are the future, but not everyone has access to charging stations! ⚡️🚗 This article discusses how cities can ensure equitable deployment of EV chargers. Here are some key takeaways💡: 1️⃣ Update zoning codes to make it easier to build charging stations and collaborate with communities to identify charging needs. 2️⃣ Leverage public property for charger installation. 3️⃣ Educate the public about EVs and charging options. 4️⃣ Make charging information easily accessible. Let's work together to make EVs accessible to all!🤝 #sustainability #EV #cities #publicsector https://lnkd.in/eWhay3vN

Electric vehicles are the future, but not everyone has access to charging stations! ⚡️🚗 This article discusses how cities can ensure equitable deployment of EV chargers. Here are some key takeaways💡: 1️⃣ Update zoning codes to make it easier to build charging stations and collaborate with communities to identify charging needs. 2️⃣ Leverage public property for charger installation. 3️⃣ Educate the public about EVs and charging options. 4️⃣ Make charging information easily accessible. Let's work together to make EVs accessible to all!🤝 #sustainability #EV #cities #publicsector https://lnkd.in/eqkfeJc3